easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> better than expected numbers on the labor front for november out this morning. u.s. businesses added 146,000 jobs last month and the unemployment rate slipped to 7.7%, the lowest level in four years. of course, that's not the whole story because you had more people dropping out of the labor force. >> well, the former chairman of the council of economic advisers, now a senior fellow at the hoover institution. he joins us with his reaction. would you give it a, what, out of ten? >> i gave you part of the answer too, by the way. you're welcome. >> out of ten, what score would you give this report, ed? >> i would give this a three. this report is a perfect microcosm of the recovery. the job creation number was about 146,000, you know, over the past three years we've been averaging about 150,000 a month. the problem with that is that we need 117,000 a month just to keep pace with the growing population. so that